Balancing the Trade-Off Between Security and Convenience When Using Mobile Payment Systems
There’s no doubt that mobile payment systems are the future of retail transactions. Carrying around a pocket full of credit cards, ATM cards and debit cards (not to mention the plethora of store loyalty cards) is a pain. Credit cards are easily lost or stolen, their bulk adds up when stacked in a wallet, and they often leave your sight when making a transaction such as at a restaurant or when the point of sale (POS) device is behind the sales counter.
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